Posted: Jan 13, 2012 6:55 AM
Updated: Jan 13, 2012 6:55 AM
Source: Associated Press
BATON ROUGE, La. (AP) - A Houston-based company that provides corrosion protection services for the oil and gas industry is planning to open a new plant in Scott.
Houston Plating and Coatings LLC says it will hire 120 people over the next five years to work at the new $9 million Lafayette-area facility.
The company's chief executive officer and Gov. Bobby Jindal announced the plans Thursday, saying the jobs would have annual average salaries of $35,000 plus benefits.
The plant, to be operated by new subsidiary Louisiana Plating and Coatings, will supply its products mainly for oilfield service machinery to customers in Louisiana, Oklahoma and Arkansas.
Jindal's office says the company will get state business tax breaks, and the City of Scott will be applying for a $920,000 federal grant to help with construction costs.